What content gets posted to PayPal? AFAIK the only "content" that PayPal facilitates moving from one person to another is money.
Someone selling something using PayPal isn't actually giving the goods to PayPal to disburse to the buyer. So I don't get what all this means.
I don't get it either.
I'm (sort of) familiar with websites which host your stuff and merely want the privilege to be able to use your content in their advertising, but they don't ask you to sell your soul.
Another question is 'defensibility', as in; once Paypal starts implementing this and the typical delayed onset starts to sink in with outraged late-hearers discovering that this stunt (whatever it entails) has been pulled on them by Paypal, how does Paypal intend to defend their new (your old) intellectual 'territory'?
So what is Paypal going to do when someone basically ignores their claim; ban them from Paypal, and then what, try to sue them for 'infringement'?
I can imagine at this point a tidal wave of consumer displeasure with not only Paypal, but any outfit (such as ebay) which insists on being paid through Paypal.
There could then ensue a secondary and no less sizable tidal wave of businesses, not wanting to offend or be cut off from their lucrative customer base, dumping Paypal and-or finding a new way to be paid other than Paypal, such as Dwolla, WePay, Veridian Credit Union, Amazon Payments, Stripe, Braintree, bit coin, and good old-fashioned VISA.
Come to think of it, aren't there some kind of 'truth in whatever' laws forbidding anyone from doing this?
As in the old stunt where someone sends part-payment (say 10%) of a bill by physical check, and writes on the check, 'Cashing this check constitutes acknowledgment of receipt of payment in full'.
It really 'games the system' in ways that are morally so retrograde that the only reason I'm willing to believe Paypal thinks they can get away with it is that instead of kiting it as a proposal, they're actually giving forewarning of full intent to go through with it.
I still don't understand fully exactly what it is Paypal is attempting to do.
However, it would only take me one moment of feeling totally betrayed, for me to revoke my registration with Paypal permanently, and deal resolutely with inconveniences as they develop.
Please keep us posted, as I would appreciate a more complete explanation of what Paypal is attempting, in 'plain language' or 'layman's terms'.
July 1st is just around the corner, and I need to know what to decide in case I need to pull the plug on Paypal.